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Tripp County, SD · Sold

SD-946901

1839 County Road 188

$394,800
$2,420/ac · 163 ac
Acreage163 ac
Price per acre$2,420/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMar 8, 2024
Coordinates43.2884, -99.8061
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Tripp County, South Dakota. West River grazing and Black Hills recreational parcels.

View Tripp market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands7.3% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power47 ft away

Power at or near the road.

Buildable area143.66 of 163.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$390,893
$321,122$460,663 · $2,396/ac on 163 ac
Asking vs estimate
+1.0%
In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $394,800
Maximum allowable offer
$223,367
$1,369/ac · +30.0% target margin

You need $171,433 off asking to hit this margin.

All-in cost$242,353
Net resale$359,621
Projected profit$117,268
ROI+48.4%
Annualized+69.3%
Break-even resale$1,615/ac
Profit if resale lands off target
-20%
$45,344
-10%
$81,306
0%
$117,268
+10%
$153,230
+20%
$189,192
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-456215
Dirt · Power at road
99.3May 30, 2026$157,4001,5861,9318.9 mi
76
SD-585900
Gravel · Full utilities
79.0Jun 30, 2026$254,3003,2192,6073.2 mi
75
SD-896465
Gravel · Full utilities
119.0Feb 19, 2025$349,3002,9372,7771.9 mi
73
SD-867725
Gravel · Off grid
296.3Apr 18, 2026$488,3001,6482,7438.3 mi
71
SD-185181
Landlocked · Full utilities
46.9Jul 23, 2026$75,4001,6071,7073.4 mi
70
SD-615519
Gravel · Power at road
59.9Feb 19, 2026$201,4003,3603,1684.5 mi
69
SD-836004
Paved · Full utilities
85.2Oct 1, 2025$263,0003,0882,2248.4 mi
69
SD-557780
Gravel · Power at road
308.4Jul 4, 2025$467,4001,5162,2406.7 mi
68
SD-885827
Landlocked · Off grid
74.9Aug 21, 2024$103,0001,3752,5029.1 mi
59
SD-368078
Gravel · Off grid
382.7Oct 24, 2024$406,8001,0632,0249.7 mi
58
Show adjustment detail for the top comp
  • Tract size (99.25 ac → 163.13 ac)-12.1%
  • Access (Dirt → Paved)+37.2%
  • Market time (3 mo)+0.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.